<Electronics stocks News> The performance for Q1’16 after the review by CPA: Consolidated revenue was NT$77.5bn, with growth of 10% YOY from N$70.2bn in the prior year. Operating income was NT$1.10bn, showed 12% YOY growth from NT$0.99bn in the prior year. PAT was NT$1.21bn and after-tax EPS was NT$0.76, with 4% YOY growth from the prior year.
 

        Looking at the overall performance for Q1’16, Synnex continued to show the strong growth from Q4’15, comparing to the decline of overall ICT market. Besides the increase in consumer market share, in the meantime, also making a breakthrough in the commercial market, leading a significant growth in all consolidated entities. The overall revenue reached to NT$77.5bn, with an increase of 10% YOY.

        In terms of profit, gross profit reached to 3.73% in Q1’16, amounting to NT$2.9bn, with an increase of 6.5% YOY. Synnex sustained commitment to strengthen internal management and enhance the operating efficiency of logistics. Operating income came to NT$1.1bn, with a growth of 12% YOY. Coupled with the investment income from the joint ventures and logistic rental revenue was NT$0.5bn. Due to the adjustment in forex management policy, the foreign exchange loss reduced to NT$0.06bn for Q1’16, making the PBT amount to NT$1.48bn, with an increase of YOY 10%. PAT was NT$1.21bn, and after-tax EPS was NT$0.76.